Mississippi Legislature
2003 Regular Session

Senate Bill 2643

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Bill Text

History of Actions

Background

Title

Description: Public utilities; customer deposits shall earn interest equal to the prime rate.

Bill Text: [Introduced]

History of Actions:

1 01/20 (S) Referred To Public Utilities
2 02/04 (S) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committee:

Principal Author: Robertson

Code Section: A 077-0003-0033

Title: AN ACT TO AMEND SECTION 77-3-33, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT CASH DEPOSITS MADE BY CUSTOMERS WHICH ARE HELD BY ANY PUBLIC UTILITY FOR ONE YEAR OR MORE SHALL EARN INTEREST AT A RATE EQUAL TO THE PRIME RATE, AS PUBLISHED BY THE WALL STREET JOURNAL; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/04/03 at 18:13.

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